Two Words: UNDERFUNDED LIABILITIES
ALSO SEE
https://www.msn.com/en-us/news/world/the-united-states-on-the-brink-of-a-new-world-war/ar-AA1kbQcU?
(“The debt goes up, the interest on the debt goes up and that raises the debt even further, and you just spiral out of control.
We are there right now. The official U.S. debt is $33.5 trillion. It’s growing by $1.7 trillion a year, and $1 trillion of that is interest costs.)
Don’t tell the ones that are happy about getting more interest on their savings accounts.
Nothing can possibly go wrong.....
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But seriously - this economic 'Death Spiral' could have been forseen when the Federal Reserve act got passed and signed into law in 1913.
(Rubino says in the end, we get a “massive reset,” and the everything bubble explodes.)
Maybe that’s the plan. 🤔🤔🤔
World War III
Ezekiel 38
Population Reduction
Globalist Agendas
The Great Reset
Satan’s Antichrist and False Prophet
7 years of ‘Peace and Security’
The Tribulation
The Great Tribulation
The Mark of the Beast
Armageddon
The Second Coming of Jesus Christ to Earth 🌎🌍
1,000 years of Real Peace
Luke 21:34-36
John 3:17-18
Acts 2:38
Ephesians 2:8-9
(lurkers please click on my screen name to see my FR homepage for more information)
God bless
I want to live in a place where love and kindness are the real currency.
Oh wait….
Both parties own this.
Not to worry, AI will figure out every problem.
The real problem will be when there’s no money left for the EBT cards and the generational welfare deadbeats actually have to go out and get a job to eat.
Can’t even go the historical insolvency route and start a war because we owe the money to ourselves. Anybody under 60 better be operating under the assumption of no SS and no Medicare. If there is any justice federal pensions will go bye-bye as well but I’m not holding my breath.
Was listening to a financial analyst...he was predicting this all goes sideways and down in 3-6 months.
Normally they talk about observations, not predictions. Plus I am starting to see chatter regarding the impending crash in the normal media. If they are talking about it, it is about to happen.
Reverse Repo Draining Fast! What Happens When It’s Gone?
https://youtu.be/bTNFLD0w4s4?si=ZrjCqmOsgKe6QzfS
The Reverse Repo has been quietly injecting money into the bond market since the debt ceiling was suspended in June. There is now just $912B remaining, down from nearly $2.3 trillion just a few months ago. Now the question on everybody’s mind, what happens when it gets to zero? Joe Brown from @HeresyFinancial joins me to talk about what happens next.
It’s far worse than the numbers you folks are bouncing around.
Take our total revenue from all sources at $4.4 Trillion last year.
Subtract Social Security and Medicare Taxes included in the Total Revenure as they are Trust Fund Taxes. They were 28% of revenue or $1.23 Trillion.
$4.4 Trillion less $1.23 Trillion is $3.17 Trillion General Fund Revenue.
Current debt is over $33.7 Trillion.
At 5% interest, that is $1.7 Trillion interest.
Or
$3.17 Total General Fund Revenue divided by $33.7 Trillion total debt is 9.4%
That means that if the interest on the debt reaches 9.4% it takes 100% of our revenue just to pay taxes.
By the way. It is very obvious that they inflated the total revenue to reach $4,4 Trillion. That’s why they bumped it up by a half trillion and published the figures way late this year.
I have screenshots of the US Treasury web page days before they adjusted it upward and it was $3.94 trillion with Social Security and Medicare at 37% of the total revenue, not the 28% they claimed it was in the final fudged financial statements.
This is the end, my only friend the end. Jim Morrison